Sports Betting In Alaska
No, Alaska does not have legal land-based sports gambling at this time. While there are several other states that have legal online sports betting, Alaska is not yet one of them. Since there are no land-based sports betting opportunities, your only option is to find a website that provides legal online sports betting. Alaska, in particular, may stand to benefit from both the legalization of sports betting and online gambling. Their lack of land-based casinos means the untapped tax revenue could be much higher. Alaska Sports Betting All forms of sports betting have been forbidden in Alaska for a quite long time now. Still, there are some movements towards the legalisation and we are waiting impatiently for more. There are currently no legal sports betting options within the borders of Alaska. Alaska does not allow betting on horse racing, so advance deposit wagering websites are not allowed to accept bets from.
There are now 21 states with sports betting bills introduced this year, 18 of which would legalize sports betting.
The latest adds to the list are Alaska and Wyoming. Wyoming’s bill would open a sports betting marketplace while Alaska’s would legalize through a state lottery. Both bills would authorize online betting.
The US would have 38 states (along with Washington, D.C., and Puerto Rico) with legal sports betting is all legalized this year. It’s more likely that just a handful will legalize this year.
Which states have sports betting bills?
Each of the following states has at least one sports betting bill active in its 2020 legislature:
- Alaska
- Arizona
- California
- Connecticut
- Hawaii
- Florida
- Kansas
- Kentucky
- Maryland
- Massachusetts
- Mississippi
- Missouri
- Nebraska
- New York
- Ohio
- South Dakota
- Tennessee
- Vermont
- Virginia
- Washington
- Wyoming
Of the 21 states with current sports betting legislation, Mississippi, New York and Tennessee would change current legalized sports betting laws. Mississippi and New York would add mobile. Tennessee’s bill cleans up some of the language concerning the responsibilities of the Sports Wagering Advisory Council.
Alaska sports betting bill details
Sports betting in Alaska would be part of a larger lottery bill that Gov. Mike Dunleavy hopes would diversify the state’s revenue stream:
“In the face of low state revenues, my administration has been actively seeking new revenue sources to diversify our economy. Not only does this legislation have the potential of creating new business opportunities, the profits generated from lottery activities will be designated to K-12 education, domestic violence prevention programs, drug abuse prevention programs, foster care, and homelessness.”
Alaska is currently just one of five states without a lottery. Along with sports wagering, instant games, multi-state draw games, and keno would be allowed.
Both chambers of Alaska’s legislature have sports betting bills at the request of Dunleavy, HB 246 and SB 188.
How Wyoming sports betting would be taxed
HB 225 would tax online sports betting revenue at 16% while charging relatively low access fees. An initial license would cost $20,000 with a $10,000 annual renewal fee.
Sports Betting In Iowa
Just how many licenses would be authorized wasn’t broken down in the bill. The bill is also wide open for who could apply:
Sports Betting In Alaska Today
“Qualified gaming entity” means a gaming entity that offers online sports wagering through computers, digital platforms or mobile applications in any jurisdiction in the United States pursuant to a state regulatory structure.
Sports Betting Online
The bill would ban betting on any college events that take place in Wyoming or any event including an in-state school.